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What is the main difference between creeping inflation and galloping inflation?
  • a)
    Creeping inflation is a result of cost-push factors, while galloping inflation is demand-pull.
  • b)
    Creeping inflation has a slow and small rise in prices, while galloping inflation has a rapid and extreme rise.
  • c)
    Creeping inflation is caused by monetary factors, while galloping inflation is caused by non-monetary factors.
  • d)
    Creeping inflation occurs in developed countries, while galloping inflation occurs in developing countries.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What is the main difference between creeping inflation and galloping i...
The main difference between creeping inflation and galloping inflation is the intensity of the price rise. Creeping inflation is characterized by a slow and small rise in prices, often within the range of 2% to 3%, while galloping inflation involves a rapid and extreme rise, often in double or triple digits.
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What is the main difference between creeping inflation and galloping inflation?a)Creeping inflation is a result of cost-push factors, while galloping inflation is demand-pull.b)Creeping inflation has a slow and small rise in prices, while galloping inflation has a rapid and extreme rise.c)Creeping inflation is caused by monetary factors, while galloping inflation is caused by non-monetary factors.d)Creeping inflation occurs in developed countries, while galloping inflation occurs in developing countries.Correct answer is option 'B'. Can you explain this answer?
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What is the main difference between creeping inflation and galloping inflation?a)Creeping inflation is a result of cost-push factors, while galloping inflation is demand-pull.b)Creeping inflation has a slow and small rise in prices, while galloping inflation has a rapid and extreme rise.c)Creeping inflation is caused by monetary factors, while galloping inflation is caused by non-monetary factors.d)Creeping inflation occurs in developed countries, while galloping inflation occurs in developing countries.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the main difference between creeping inflation and galloping inflation?a)Creeping inflation is a result of cost-push factors, while galloping inflation is demand-pull.b)Creeping inflation has a slow and small rise in prices, while galloping inflation has a rapid and extreme rise.c)Creeping inflation is caused by monetary factors, while galloping inflation is caused by non-monetary factors.d)Creeping inflation occurs in developed countries, while galloping inflation occurs in developing countries.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the main difference between creeping inflation and galloping inflation?a)Creeping inflation is a result of cost-push factors, while galloping inflation is demand-pull.b)Creeping inflation has a slow and small rise in prices, while galloping inflation has a rapid and extreme rise.c)Creeping inflation is caused by monetary factors, while galloping inflation is caused by non-monetary factors.d)Creeping inflation occurs in developed countries, while galloping inflation occurs in developing countries.Correct answer is option 'B'. Can you explain this answer?.
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